'People are going to be shocked': NSLC hikes prices on beer, wine and spirits
Regular shoppers at Nova Scotia liquor stores faced significant price hikes Monday on beer, wine and spirits.
Retiree John McCracken was picking up his usual bottle of wine when he spoke to CTV News outside the NSLC store on Joseph Howe Drive in Halifax.
"I bought last week, the same bottle was $2 less,” said McCracken. “We're talking like $15, $16 bottle of wine. So not high-end wine.”
"If you go into that liquor store right now, people are going to be shocked."
Workers were replacing pricing signs in all stores on Monday, but officials insist the overall increase only amounts to about 3 per cent.
"It has to do with overall costs to our supplier community. So that could be anything from freight, transportation, commodities costs, things like glass or aluminum, or other commodities like barley -- all of those things are seeing an increase in price, and that's what factoring in to the overall price increase," said Allison Himmelman, a spokesperson for the Nova Scotia Liquor Corporation (NSLC).
She says the increase is below the cost of inflation.
Last month, the corporation reported a healthy earnings increase of 6.6 per cent.
On April 1, federal excise taxes are set to increase another 6.3 per cent -- the biggest increase in 40 years.
"The excise tax is actually just one factor that goes into our overall prices here at the NSLC," said Himmelman.
“And it's actually a very small factor because not all suppliers choose to pass on that excise tax to their retail product prices."
Still, some local bars and restaurants say the hikes will have to be passed on to customers, which will hurt business.
"There's no doubt, yeah, we can't absorb it," said Dimo Georgakakos, owner of the iconic Gus' Pub & Grill in Halifax's north end.
"We've been absorbing so many things, and in the bar business we're a stoic bunch, and we just sort of put our heads down and keep doing it. And now, they just sort of do that and we've got to pass it on and it's going to make customers come here less," said Georgakakos, son of the bar's founder.
He and others are still recovering from lost business in the pandemic, and worry many customers have gotten used to staying home.
"In general, things are not going to get back to the way they were," said Georgakakos. "It's going to be different."
NSLC notes that increased revenue from price adjustments is also shared with producers, including Nova Scotia wineries, brewers and distillers.
CTVNews.ca Top Stories
BREAKING | 4 children killed fishing on Quebec shore after tide overtakes them
The four children found unresponsive on a shoreline in Portneuf-sur-Mer, Que. Saturday did not survive, provincial police (SQ) have confirmed. The children, all over the age of 10, were among a group of 11 people swept away by the tide overnight while fishing in Quebec's North Shore region. Six of them were rescued and one man is still missing.

Fighting climate change or funding fossil fuels? America wants it 'both ways': U.S. ambassador
The U.S. Ambassador to Canada says America 'absolutely wants to have it both ways' when it comes to fighting climate change while pursuing fossil fuel projects.
Antipsychotic drugs use increased in Canadian long-term care homes, pointing to possible quality-of-care issues: study
New study finds increase in antipsychotic drugs use in long-term care homes across Canada, despite no significant increase in behavioural symptoms – something that may expose a potential area of concern for quality of care, researchers say.
More than 5,000 new species discovered at future deep-sea mining site in Pacific Ocean
More than 5,000 new species have been discovered at an expansive future deep-sea mining site in the Pacific Ocean.
Pope warns of risk of corruption in missionary fundraising after AP investigation
Pope Francis warned the Vatican's missionary fundraisers on Saturday not to allow financial corruption to creep into their work, insisting that spirituality and spreading the Gospel must drive their operations, not mere entrepreneurship.
Feds open to cutting plastic production but global agreement will be hard: Guilbeault
Canada is open to the idea of including a requirement to cut back on the production of plastic in a new global treaty to eliminate plastic pollution, Environment Minister Steven Guilbeault said Friday.
Here's what Nova Scotia's wildfires look like from outer space
Photos released by NASA taken from International Space Station show the immense scale of the wildfires in Nova Scotia, with billowing smoke engulfing the landscape.
Notorious serial killer Paul Bernardo moved to medium-security prison in Quebec
Notorious serial rapist and killer Paul Bernardo was moved to a medium-security prison in Quebec this week.
Special rapporteur David Johnston’s office hired crisis communications firm Navigator
Special rapporteur David Johnston has hired crisis communications firm Navigator, his office confirmed on Friday.